Top Pay, still crash: this is Why investors flee suddenly from Tesla's shares

Four profit quarters in a row: With his Numbers of enthusiastic Tesla on Wednesday powerful. Because of the milestone paves the electric car manufacturer the wa

Top Pay, still crash: this is Why investors flee suddenly from Tesla's shares

Four profit quarters in a row: With his Numbers of enthusiastic Tesla on Wednesday powerful. Because of the milestone paves the electric car manufacturer the way in the stock index and the S&P 500 . Is the catchment Tesla's in the major stock market League to yet, but a big hurdle is for the time being, taken. Before Tesla was notoriously deficient.

Now, the California-based group has – despite the crisis – four times in a row Profit. The bottom line is $ 0.50 and earnings per share remained between April and June in the case of 6,04 billion dollars in sales. The expectations were 5,37 billion dollars in sales, in earnings, there was virtually no consensus among the analysts ' forecasts ranged from multi-Dollar loss to a few cents profit, respectively, per share. Tesla 1.217,00 EUR -88,60 (-6,79%) Tradegate

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To jumped the price data

In the Wake of the Numbers, Tesla's papers. But then disillusionment quickly followed. After a Minus of five percent on Thursday, the papers fell on Friday, once again, to 5.4 percent. So, Tesla shares traded at 1433 dollars, more than 20 percent below its recent record-breaking 1794 Dollar.

Technically, the shares are in a bear market. Previously, the Tesla is the clear favorite of investors values the Tech. Although the sector as a whole, as measured by the Nasdaq 100, gained this year in spite of the temporary crash neat, pre-filed no to Tesla. In the meantime, had quadrupled the price at the beginning of the year, more than.

Tesla-investors follow stock market wisdom and make cash

Now, the mood flips, in spite of the good Figures in the crisis quarter. Why the change of mind of the investors? Explanations there are several. On the one hand, the stock was overbought practically the whole of June consistently. The Relative strength Index in this period is consistently above the mark of 70 points, from which a paper is considered to be overbought.

A Sold-off, or the Securing of profits, made from a technical point of view, therefore, of sense. In addition, the investors are based, apparently, on the classical stock market saying "buy the rumor, sell the news". Bernecker exchange - compass orientation for your Depot. Clear. Compact. Competent. (Partner offer) Now for 30 days completely free trial!

Means A stock is speculative, bought before the fundamental fact, in this case, the quarterly figures,. Investors will then benefit from the Momentum that is built up by rumors, speculation and hopes. In this case, the market continued with an overwhelming majority on good Numbers, which were confirmed last Wednesday. After that, the Momentum is exhausted, and the investors get back.

Tesla's figures are not quarter so well, as it seems

also, the Figures were above the expectations, but overall, not so flawlessly as it seemed at first. Sales, for example, with 6,04 billion dollars about topped expectations, sank to the prior-year quarter, but around five percent. In fact, Tesla's quarter not to mention annual sales since the final quarter of 2018, the value increases.

In the automotive segment, sales declined year-on-year, despite the fact that Tesla is enlarged with the Model Y its product range and a new Gigafactory in Shanghai operates. Real growth looks different. With the stock recommendations of the Bernecker exchange-compass, you can get more out of your money! (Partner activity) 30 days free to try!

Also on the expert side of skepticism prevails, also, more. Factset data, the stock rates the majority of the analysts with only "Hold", the average price target is only 1208 Dollar from the current price so again 15.5 percent lower. Taken together, these factors speak for a sale of the share. As the recent sell-off shows, seem to many investors to have come to a similar conclusion.

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Updated Date: 25 July 2020, 01:26

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